Forensic Analysis · Software & SaaS · as of Nov 10, 2026
Bumble Inc. (BMBL)
A forensic read on Bumble Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-5.4
Distress distance
Clean
Earnings quality
2
Forensic signals
-99.4%
ROE
-9.9%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Bumble Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads -5.4, placing it in the Distress zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-38.5%
FY2025
Return on invested capital.Return on invested capital is -38.5% in the latest fiscal year and slipping across FY2023–FY2025 from 1.1%. After-tax operating profit was $35M in FY2023 and ($637M) in FY2025, with operating income at 5.1% of revenue in FY2023, -65.4% in FY2024 and -83.4% in FY2025. The capital base behind it came down -45% across FY2023–FY2025, from $3.0B to $1.7B, so this return is struck on a smaller base than it started on. FY2023's operating profit carried a $167M goodwill write-off and a $499,000 restructuring charge that took about 3.6 points off that year's return, and FY2025's carried a $1.0B asset write-down, a $656M goodwill write-off and a $15M restructuring charge that took about 81.7 points off the latest; so, net of each other, the two charges take about 78.1 points off the -39.6-point change across FY2023–FY2025. FY2024's operating profit carried a $892M asset write-down, a $197M goodwill write-off and a $20M restructuring charge that alone took about 33.6 points off that year's return; FY2024 sits between the two ends of FY2023–FY2025, so the charge shapes the path between them without moving the change across it. A non-cash write-down lowers the reported return in the year it lands.
$1.0B
FY2023–FY2025
Goodwill impairments.Took $1.0B of goodwill writedowns across 3 years (FY2023 ($167M), FY2024 ($197M), FY2025 ($656M)). Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$965.7M
Revenue Growth YoY-9.9%
Revenue CAGR (2yr)-4.2%
Net Margin-71.8%
Return on Equity-99.4%
Debt / Equity1.03x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Bumble Inc.'s actual 10-K/10-Q/8-K filings?